International. Carlson Rezidor Hotel Group reported strong results in 2014 with 57 openings, 84 additions and system-wide revenues of $7.8 million, representing a 4% increase over the previous year.
"It was a successful and exciting year with tremendous growth, momentum in development,
increased revenue and the launch of two new brands," said David P. Berg, Chief
Operating Officer of Carlson Rezidor. "Together with our partners we are growing and strengthening our portfolio, the results of 2014 are evidence of that."
The number of new rooms opened by the group in 2014 grew by 16% compared to 2013 and 64% of them are located in emerging markets, a key focus for Carlson Rezidor. The group's network of future global projects remains strong with its biggest opportunities in Africa, India, Russia and Turkey. Throughout 2014 it expanded into new territories with openings in Trinidad and Tobago, Sierra Leone, Gabon, and Serbia. The group also signed its entry for the first time in the Dominican Republic, Ghana, Moldova and Uganda.
Carlson Rezidor also launched two new brands in 2014. On the one hand Quorvus Collection for luxury segments and global travelers that has already announced its first members: The May Fair Hotel
London, the G&V Royal Mile Hotel Edinburgh, and the Symphony Style Hotel Kuwait. On the other hand
the Radisson Red brand sealed the group's entry into the "Lifestyle" category and announced its first
property in Shenyang Hunnan, China, for 2016.
